$2,995,000

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1013 Stockton Ave Cape May, NJ, United States 08204

Introducing a spectacular Cape May gem nestled just one block away from the pristine Queen Street Beach, this three-story coastal retreat on Stockton Avenue is the epitome of grandeur and flexibility. Boasting a total of 8 bedrooms, 3.5 baths, and a convenient one-car detached garage, this historic beauty, built in 1905, beckons with its timeless charm and impressive features. This property is currently operated as a duplex.As you approach, you'll be captivated by the allure of the expansive wrap-around porch, a perfect spot to enjoy the sea breeze or watch the world go by. Stepping inside, the first floor welcomes you with a stately living room featuring a cozy fireplace, an inviting dining room with ample space to comfortably seat 12, and a charming kitchen that's ideal for whipping up coastal-inspired meals. Additionally, the first floor offers a full bath, a bedroom, and a convenient half bath with an exterior entrance, making it an ideal space for accommodating guests or family members.The second floor unfolds with five additional well-appointed bedrooms, creating a haven for rest and relaxation after a day spent at the beach. A full bath on this floor ensures convenience and comfort for everyone.For even more versatility, the third floor is set up as a self-contained apartment, featuring a fully-equipped kitchen, a cozy living room, two bedrooms, and a full bath. This unique layout allows for independent living arrangements, making it perfect for multi-generational families or those seeking a rental income opportunity.This remarkable property boasts a lucrative rental history, presenting an irresistible investment prospect. You have the flexibility to either rent one unit and relish the other for personal use or capitalize on the full-house rental potential. Furthermore, this property is a candidate for conversion into a single-family residence, subject to buyer obtaining necessary approvals. Outside, a lush and inviting backyard offers the perfect setting for barbecues or post-beach relaxation. The driveway is thoughtfully designed for other uses, with the garage serving as a secure space for bikes and more.Situated in the highly desirable Stockton Avenue neighborhood, this extraordinary property is only a short stroll away from Cape May's charming downtown area, ensuring that you're never far from the town's vibrant culture and culinary delights. And with the beach just a block away, you'll have quick and easy access to the sun, sand, and surf that Cape May is famous for.Whether you're looking for a spacious beachside retreat for your large family, a lucrative rental property, or a combination of both, this magnificent Cape May home on Stockton Avenue offers an unparalleled opportunity to make your coastal dreams a reality. Don't miss your chance to experience the best of Cape May living in this historic and versatile property.

Amenities

  • Property Type: Multi Family
  • Architectural Style: Other
  • MLS: NJCM2002710
  • Web ID: TYBGWR
  • Status: Active
Copyright © 2024 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Long & Foster Real Estate Inc.

(703) 877-7800

Presented by Gail Wilsey-Morrison

  • (888) 536-0216
  • (888) 536-0216 (Office Phone)

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